We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Just realised I've been paying business rates

Hi,

I hope someone can help me.

I'm moving out of my rented accomodation after 2 years and have phoned up Southern Electric today to get the final bill and to change the name on the account. When I phoned up, I found out that for the past 2 years I've been paying business rates for my electricity instead of residential rates!

Southern Electric were very unhelpful and started passing me from pillar to post with every person I spoke to unable to help. In the end I got frustrated with this and involved the Ombudsman who has now given me a case reference which I've passed onto SE.

Is this the right course of action to follow? Also, does anybody know if there is much of a difference between Business rates and residential rates?

Thanks in advance,

Russ

Comments

  • Cardew
    Cardew Posts: 29,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Welcome to the forum.

    There is no 'standard' business rate - contracts are agreed between supplier and customer. A huge organisation will be able to negotiate a better price than a corner shop.

    If you look at one of the comparison sites - enter your postcode - you will be able to get the rates to compare with what you have been paying.

    Incidentally VAT on domestic gas/electricity is 5%. I thought I read somewhere that it was 17.5% on business rates(not sure on that though).
  • whatatwit
    whatatwit Posts: 5,424 Forumite
    Part of the Furniture Combo Breaker
    Yes, I pay 17.5% VAT on my business gas/electric.
    Official DFW Nerd Club - Member no: 203.
  • mumoftwins
    mumoftwins Posts: 2,498 Forumite
    whatatwit wrote: »
    Yes, I pay 17.5% VAT on my business gas/electric.
    The same thing happened to me in my rented property! I'm still at war with ScottishPower:mad:
    Christians Against Poverty - www.capuk.org
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.